Send Money Internationally
To send money internationally, you have several options:
- Bank transfer: Many banks offer international money transfer services. You will need to provide the recipient’s account number and routing number (for US banks) or IBAN (for international banks), as well as a SWIFT code for the recipient’s bank. You may also need to pay a fee for the transfer.
- Remittance companies: Companies such as Western Union, MoneyGram, PayPal, TransferWise, WorldRemit, and others, allow you to transfer money internationally at lower costs and better exchange rates than traditional banks.
- Online money transfer platforms: There are several online platforms such as Xoom, OFX, and Currencies Direct, that allow you to transfer money internationally.
- Cash pickups: You can also arrange for the recipient to pick up cash at a location in their country through some remittance companies such as Western Union, MoneyGram.
It’s important to check the fees, exchange rates, delivery times, and any other terms and conditions, before sending money internationally, to ensure that you’re getting the best deal. Additionally, you should also check with your bank or the remittance company about any restrictions or regulations in the country you’re sending money to, to ensure a smooth transaction.
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Data Protection
RemitM is registered with the Information Commissioner’s Office (ICO), the UK’s independent authority set up to uphold information rights in the public interest.
You can visit the ICO website to learn more about data protection or search the ICO register to view details of Remitm’s registration (Registration Number: ZA526026)
Client Funds
All clients’ funds are held in a dedicated client account separate from RemitM’s funds, in line with our regulatory framework and consistent with good practice.
We earn no interest from holding client funds, as your payments and transfers are not held by us and are remitted to recipients upon receipt.
Online Security
Your data is transmitted in a secure way and all password data is encrypted.